Fees

At NZCU South you'll find a refreshing new approach. Because we have no 'outside' share holders all our profits (after providing for necessary reserves and operating costs) are returned to members through top interest rates on savings, low cost loans, fee free services and reasonable fees.

Fee Free Services

We have a range of fee free services exclusively for our customers:

• All deposits directly into NZCU South accounts (whether electronic or manual)
• Accounts under 18 years and over 65 years of age are exempt from fees
• Internal transfers between NZCU South accounts using telephone or Internet banking or automatic payments
• Telephone banking gives free access to balances, transfers and recent transactions (up to 20 calls per month)
• Monthly statements

Account Fees

Account Access Fees

Service Fees

Additional Notes

Loyalty Rebate Part or all of the fees and charges paid by you may be rebated by NZCU South. The rebates are based on $1 for every $1,000 in savings, loans and investments up to $10 per month.  All transactions will be free if you have $25,000 or more in savings, loans and investments, other service charges may still apply.  If you qualify, you will receive a rebate to the lower of the face value of the rebate or the total of fees and charges paid by you during the course of that month.

Other costs

Where the Credit Union incurs a charge from another organisation or Government Department when acting on a Customer's behalf, including credit checks, legal costs and disbursements or costs associated with the registration of securities, the Credit Union will pass these costs on to the Customer.